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President Xi Visits the Beijing Area as the Coronavirus Runs Rampant Across China
The coronavirus outbreak continues to throw up very surprising developments. It has even forced President Xi Jinping to come out and tour Beijing to oversee efforts to contain the epidemic. Albeit a Presidential visit won’t alleviate any symptoms, the Chinese public will be pleased to see him in the open again. дальше »
2020-2-11 06:30 | |
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Make No Mistake, Crypto is Still Hated by Beijing Despite Bullish Blockchain Pivot
In late-October, Bitcoin incurred an explosive rally that sent its price from lows of $7,300 to highs of over $10,600. This price rally came just hours after the Chinese President made bullish comments on blockchain technology, which generated optimism that these comments would mark the start of a pivot away from the country’s predatory policies. дальше »
2019-11-19 02:00 | |
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Bitcoin is Speculation and Not the Future of Money, Ex-ECB Chief Says
Jean-Claude Trichet, former president of the European Central Bank (ECB), said that he was strongly against Bitcoin and hinted that cryptocurrency purchases are no more than speculation, South China Morning Post reported on Sunday. дальше »
2019-11-11 15:01 | |
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Ex-ECB Chief is “Strongly Against Bitcoin,” Says Cryptocurrencies are “Not Real”
Jean-Claude Trichet, the former president of the European Central Bank is not a fan of cryptocurrencies and is doubtful that they could ever become the future of money. “I am strongly against bitcoin, and I think we are a little complacent,” said Trichet during a panel discussion at Caixin’s 10th annual conference in Beijing on […] дальше »
2019-11-11 04:58 | |
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Binance to Setup New Office in Beijing; Did President Xi Jinping’s Viewpoint Influence this?
Cryptocurrency exchange, Binance has supposedly been working towards establishing an office in Beijing reports Coindesk. The reason for such an office remains unveiled, as per the sources that have contacted the news outlet. дальше »
2019-11-1 15:53 | |
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Beijing Bombshell Casts Doubt on Comprehensive Trade Deal With ‘Impulsive’ Trump: Bloomberg
Chinese officials are worried that U. S. President Donald Trump’s impulsive nature could scuttle a deal. U. S. trade negotiators and Trump himself are unlikely to meet the demands of the Chinese. дальше »
2019-11-1 17:45 | |
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Dow Stumbles After Trade War Euphoria Rapidly Unravels
The Dow’s losses accelerated on Thursday as the month’s final trading session matured. A series of reports hinted at a darkening outlook for US-China trade negotiations, with one suggesting that Beijing no longer expects to sign a comprehensive agreement with President Trump. дальше »
2019-11-1 16:41 | |
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Experts Expect “Multi-Billion-Dollar Support” From China in Blockchain & Crypto Companies
China’s President Xi Jinping’s latest remarks on the country embracing blockchain technology and taking a leadership position in the space will give Beijing an edge in the global race to lead in the nascent technology said, analysts and investors. дальше »
2019-10-30 19:31 | |
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Dow Flinches at China’s Trade War Bait & Switch
The Dow struggled on Monday as investors wrestled with Beijing’s risky attempt to leverage the damage from President Donald Trump’s impeachment fight to narrow the scope of a new round of impending US-China trade negotiations. дальше »
2019-10-7 16:35 | |
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Dow Crawls Higher After Trump Awards China 400 Tariff Exemptions
The Dow crawled toward a moderate recovery on Friday after President Donald Trump granted tariff exemptions to more than 400 Chinese products, the latest in a growing list of concessions that Washington and Beijing have exchanged in the leadup to their next round of trade negotiations. дальше »
2019-9-22 16:37 | |
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Dow Erupts Higher But ‘Big Short’ Investor Fears Market ‘Bubble’
By CCN Markets: The Dow erupted higher on Thursday, surging more than 275 points after Beijing – not President Trump – flinched ahead of a crucial trade war tariff deadline. However, famed investor Michael Burry – who was played by Christian Bale in The Big Short – warns that a bubble is forming in a […] The post Dow Erupts Higher But ‘Big Short’ Investor Fears Market ‘Bubble’ appeared first on CCN Markets дальше »
2019-8-30 16:35 | |
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Bitcoin Is Gaining From The Unending Retaliatory Tariffs Between China And The US
For months, the economic war between the US and China seems to have gained more momentum, which each side imposing sanctions on the other. Recent trade talks between Beijing and Washington seem to have gone south, although US President Donald Trump termed them as “constructive. дальше »
2019-8-6 12:11 | |
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Beijing’s Decision To Weaken The Yuan Sees Wide Market Rally Led By Bitcoin
Last week, U. S President Donald Trump announced additional tariffs for Chinese goods coming into the U. S. This announcement sparked an overnight surge for Bitcoin, giving back the bulls the momentum they much needed. дальше »
2019-8-5 18:52 | |
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Donald Trump’s Tariffs on China may be Boosting Bitcoin’s Value
U. S. President Donald Trump announced on Thursday that almost all goods imported from China will be subject to an additional 10 percent tariff. This escalates further the trade war between Washington and Beijing, threating the global economic outlook. дальше »
2019-8-3 21:00 | |
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Dow Claws Out of Vicious Slide as Beijing Rebukes Trump's 'Blackmail'
The Dow’s multi-session nosedive risks extending into a fourth day on Friday after Beijing rebuked President Trump for his $300 billion tariff threat. Dow Scrambles to Avoid Fourth Straight Loss All of Wall Street's top indices fought to avoid an opening bell sell-off following a volatile pre-market session for US stock futures. дальше »
2019-8-4 16:19 | |
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Dow Claws Out of Vicious Slide as Beijing Rebukes Trump’s ‘Blackmail’
The Dow’s multi-session nosedive risks extending into a fourth day on Friday after Beijing rebuked President Trump for his $300 billion tariff threat. Dow Scrambles to Avoid Fourth Straight Loss All of Wall Street’s top indices fought to avoid an opening bell sell-off following a volatile pre-market session for US stock futures. дальше »
2019-8-2 16:19 | |
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Dow Climbs as Trump Officials Prep for Crucial Beijing Trip
The Dow Jones began the week on a high note as the White House prepared to send its top negotiators to Beijing for their first face-to-face talks with Beijing since President Donald Trump met with Xi Jinping last month. дальше »
2019-7-22 16:36 | |
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Dow Blasts Higher After Trump’s Trade War Boast Stuns Markets
By CCN: The Dow shot higher on Friday after President Trump stunned Wall Street with his prediction that the trade war would be resolved unbelievably quickly. However, as an increasingly-nationalist Beijing continues to strike an isolationist pose, is the White House fattening the stock market on a diet of false hopes ahead of a painful economic cold war? Dow Bounces Into Recovery Mode All of Wall Street’s major indices bounded into recovery mode on Friday, only to trim those gains later in the session. дальше »
2019-5-25 16:31 | |
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Dow Cringes as Xi Jinping Ominously Sparks Fears of Economic Cold War
By CCN: The Dow lurched back into decline on Wednesday after Chinese President Xi Jinping amped up the trade war rhetoric in an ominous speech that suggested that Beijing could not only permanently freeze negotiations with the Trump administration but also mire the two nations in an economic cold war. дальше »
2019-5-22 16:32 | |
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Donald Trump Just Set the Stage for a Painful Dow Dump
By CCN: The US stock market fought off triple-digit losses to mount a modest recovery on Wednesday, just one day after the Dow cratered by nearly 500 points. However, this short-term rebound bears all the red flags of a classic Trump pump, and the president may have shoved the market dangerously close to the cliff’s edge. дальше »
2019-5-8 20:08 | |
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Dow Implodes as Clock Ticks on Trump’s Ruthless China Gamble
By CCN: A volatile Dow Jones Industrial Average lurched toward a 400 point setback on Tuesday as the clock continued to tick on President Trump’s high-stakes gamble that threatening to slap new tariffs on hundreds of billions of dollars of Chinese imports will force Beijing to sign a trade deal. дальше »
2019-5-7 16:47 | |
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Dow Flash Crash Will Intensify Unless Beijing Cuts the B.S.
By CCN: The Dow and broader U. S. stock market’s sudden reversal on Monday could intensify if China continues to backtrack on a new trade deal. As President Trump’s Twitter tirade revealed on Sunday, the White House won’t shy away from using tariffs to strangle China’s export industry. дальше »
2019-5-7 21:51 | |
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ZB Group Vice President: The Potential of Blockchain Applied to International Trade Is Immeasurable
On April 22nd, Aurora Wong, Vice President of ZB Group, spoke at Beijing’s Spring Session of the World Financial Forum. The annual conference brings together global leaders from business, politics, and academia to debate and coordinate on topics related to the “One Belt and One Road” initiative. дальше »
2019-5-3 11:51 | |
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China: Online Courts Using Blockchain Technology, AI to Streamline Operations
New technologies such as artificial intelligence (AI) and blockchain are increasingly being used in the law industry to make it more efficient and transparent, said Zhang Wen, president of Beijing Internet Court, at the China Intellectual Property Protection (CIPP) Forum 2019. дальше »
2019-4-27 17:00 | |
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US Stock Market Wobbles as China Trade Talk Sentiment Sours
The US stock market has been riding a wave of optimism stemming from optimism about a swift resolution to the ongoing US-China trade talks. However, President Donald Trump’s comments are now swinging from a “good chance” of an immediate deal to claims that he is “not in a hurry” to make one. дальше »
2019-3-14 18:00 | |
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US vs Huawei: A Timeline of 5G, Foldable Phones and the World’s Next Great Tech War
President Trump’s announcement, via Twitter, that the U. S. would not be imposing new tariffs on China on March 1st sent the markets wild in Beijing and New York, but where does this development leave his side-war with Huawei? On Sunday, Huawei blew the roof off the first day of the Mobile World Congress in Barcelona with the launch of its $2600 folding smartphone. дальше »
2019-2-26 14:50 | |
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Trump’s Trade Tariffs on Chinese Imports to Hit Mining Manufacturers Hard
President Trump’s trade tariffs will likely cause a major dint in the profitability of Chinese companies producing cryptocurrency mining hardware. Of the three mining giants based in China, Beijing’s infamous Bitmain is expected to be the worst hit since they rely most heavily on overseas sales. дальше »
2018-10-17 00:30 | |
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Trump Blows the Lid-Off IPO Plans by Slapping High Taxes on Beijing’s Mining Hardware
In continuation of President Trump’s protectionist laws, Chinese goods are taxed steeply when imported into the US. The latest victim of this economic policy has been crypto mining gear manufactured in China, by the world’s number one mining hardware manufacturer Bitmain. дальше »
2018-10-17 21:56 | |
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China Blocks Access to Over 120 Offshore Digital Currency Exchanges
China is continuing its crackdown on bitcoin and cryptocurrency-related ventures. The country is now blocking access to more than 120 offshore cryptocurrency exchanges utilized for trading purposes by mainland customers. дальше »
2018-8-24 00:24 | |
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Block secure
Technology giant Tencent is teaming up with the Chinese government to fight blockchain-related security issues. The firm’s vice president, Bin Ma, announced the formation of the China Blockchain Security Alliance during the China Blockchain Security Forum in Beijing on Thursday, according to a report from ChinaNews, a state-owned media outlet. The forum, hosted by the government-backed дальше »
2018-6-22 09:55 | |
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